Access Investments-European Union- ROMANIA

The chief executive of market analysts RANsquawk :"The eurozone is being skewered by stubbornly high inflation and rising unemployment. Even ignoring the small matter of the debt crisis, the eurozone's fundamentals are once again looking increasingly sketchy. While in Spain there is a growing danger of unrest as popular frustration boils over at the new conservative government, even in buoyant eurozone economies, inflation is eating away at purchasing power. Any hope of consumers spending their way out of the dip has just faded further. In many of the 17, the numbers are conspiring to make economic output stagnate or contract. The increase in unemployment had been expected, and there was a sense of grim inevitability about these numbers". Unemployment figures like any stats are only as good as the accuracy of the source data. For instance, the figure in the UK is apparently 2.8 million with 29.12 million in work. That is out of an official 62 million population which is important because those not retired or at school etc not included in the 62 million are in effect unaccounted for. This is serious all over Europe because the population according to the people who really know through footfall count and accurate essential sales such as national food retailers like Sainsburys said that in 2007 (The Independent) they estimated the UK population at 78-80 million. Which means that there are not 2.8 million unemployed in the UK today at all, there could actually be in the region of 20 million technically. Whether unemployed or unaccounted for its a deeply worrying thought when one thinks this could be typical of what's happened all over Europe. What is alarming is that the natural self-sustaining model of capitalism has been severely undermined by the socialist ideology of make believe. And if all those unaccounted for people were found and ejected from all European countries there would be no unemployment, no housing shortages, no strain on infrastructure and so on. There would also be no internal threat of cultural destruction from Islam, no African ghettos in our cities, less crime, less strain on social services, more resources for indigenous populations etc. And most importantly if people were given their country's back again they might begin to believe in them, themselves and work and fight for their own futures. Isn't it a shame that the EU Technocrats can't 'fix' unemployment figures like that have the debt crisis, and for every Euro they print and create on a computer they repatriate an ill-suited / illegal immigrant. But our leaders know best I suppose, they know what they are doing. 17 million unemployed - yes a direct result of the EUSSR policies that kill off any competitive edge we could have, whilst at the same time paying the EU elite massive amounts and pensions the rest of us could not even dream off.

Meanwhile some European banks have indicated an intention to repay their LTRO money. The pundits on CNBC were baffled. ...Obvious really.... What these banks so desperately need is not limitless credit which they don't want to pass on anyway (except of course to their own sovereigns, in so far as they are pressured to do that) but real money invested in them from outside Europe. In other words it's a ploy to lure in some Asian/American/South American cash. The repayments are presumably being made from the profits they have generated from gambling with the ECB credits on spreads/commodities etc. Just as we all knew they would.http://www.scribd.com/arbitraj/